Diamondback Energy (NASDAQ: FANG) insider files to sell 15,000 shares
Rhea-AI Filing Summary
Diamondback Energy, Inc. submitted a Form 144 notice proposing the sale of 15,000 common shares. The filing lists Charles Schwab & Co., Inc. as broker and an aggregate value of $3,125,000.00.
The notice shows shares outstanding were 281,313,297 as of 06/03/2026. It also records a prior sale of 10,000 shares on 03/06/2026 for $1,808,399.00, and indicates the 15,000 shares relate to RSU/PSU equity compensation dated 03/01/2024.
Positive
- None.
Negative
- None.
Insights
15,000-share Form 144 filed; transaction sizes are routine for RSU-derived sales.
The filing lists a proposed sale of 15,000 common shares with an aggregate value of $3,125,000.00, routed through Charles Schwab & Co., Inc.. The shares are identified as RSU/PSU awards dated 03/01/2024, indicating compensation-source origin.
Past activity includes a reported sale of 10,000 shares on 03/06/2026 for $1,808,399.00. Cash‑flow treatment and whether proceeds go to the selling holder or the issuer are not specified in the excerpt.
Form 144 signals a planned secondary sale by an insider or affiliate, common after RSU vesting.
The filing identifies the securities as equity compensation (RSU/PSU) and provides broker and sizing details. The shares outstanding figure of 281,313,297 as of 06/03/2026 offers context for scale versus the proposed sale.
Execution timing and method are not disclosed beyond the broker listing; subsequent SEC or brokerage filings will show completed transactions if executed.